Actuarial Calculations Sample Clauses

Actuarial Calculations. All required actuarial calculations of payments to be made hereunder shall be made by Xxxxxx Xxxxx Worldwide, New York, New York, or such other actuarial firm as the Company may designate prior to a Change of Control.
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Actuarial Calculations. All required actuarial calculations of ---------------------- payments to be made hereunder and of annuities to be purchased pursuant to Section 5 hereof shall be made by Watson Wyatt Worldwide, New York, New York, or such other actuarial firm as the Company or Holdings may designate prior to a Change of Control.
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Actuarial Calculations. Whenever it shall be necessary or appropriate to make an actuarial calculation under this Agreement the same actuarial factors, assumptions and procedures shall be followed as are used under the Qualified Plan.
Sample 1
Actuarial Calculations. All required actuarial calculations of payments to be made hereunder and of annuities to be purchased pursuant to Section 5 hereof shall be made by Xxxxxx Xxxxx Worldwide, New York, New York, or such other national actuarial firm as the Company or Holdings may designate prior to a Change of Control.
Sample 1
Actuarial Calculations. Except as otherwise required by Applicable Law, the amount of the pension obligations to be determined under this Exhibit D shall be made using the same assumptions and procedures used in calculating the PBO liability in determining the Final Net Tangible Asset Amount in accordance with Attachment XVIII.
Sample 1
Actuarial Calculations. Hewitt Associates (or if it is unable or declines to act, such xxxxx nationally recognized benefits consulting firm as Company may designate) shall calculate the Full Monthly Benefit or Reduced Monthly Benefit, as applicable and the present value of such annuity in connection with the establishment of the rabbi trust referred to in Section 7, and such calculations shall be binding and conclusive on the parties. In calculating the foregoing amounts, Hewitt Associates or other benefits consulting firm shall use xx 0% annual interest rate, the 1983 Group Annuity Mortality Table and such other actuarial assumptions as may be necessary in the sole discretion of Hewitt Associates or such other benefits consulting firm. 0.
Sample 1

Related to Actuarial Calculations

  • Actuarial Equivalent The Actuarial Equivalent of the payments from the SERP determined under that Plan and this subsection shall be determined by taking into account the reduction for early commencement of benefits imposed by that Plan and by using reasonable actuarial assumptions. For purposes of determining the lump sum actuarial equivalent, the corresponding actuarial assumptions provided in the Retirement Plan (or, to the extent not provided in that Plan, as provided under GATT) shall be used.

  • ACCRUAL OF BENEFIT The Advisory Committee will determine the accrual of benefit (Employer contributions and Participant forfeitures) on the basis of the Plan Year in accordance with the Employer's elections in its Adoption Agreement.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Death Benefit Amount The Death Benefit Amount as of any Business Day prior to the Annuity Date is equal to the greater of:

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Early Retirement Benefit If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Net Benefit A Net Benefit for a particular fund or, in the case of a multi-class fund, a class results when aggregate Benefits exceed aggregate Losses (i.e., net redemptions on a day the fund’s or class’s NAV is understated or net subscriptions on a day the fund’s or class’s NAV is overstated) during the Error Period.

  • Termination of Pension Plans The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

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